Retailers: Here's How Return Rate Influences Your Profit

Forbes LogoForbes4 mo ago

Retailers: Here's How Return Rate Influences Your Profit - Forbes

Quick Summary:

In summary, it can be said that there is considerable savings potential in the returns rate, which many retailers may not even be aware of.

But merchants with their own store may have to consider other points here about variable commissions or payment fees, which can lead to return losses depending on the cost structures of the store provider.

Especially for retailers that use external logistics providers, there are usually enormously high costs for receiving and re-stocking customer returns.

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Article Details

Category: StartupsEconomy



Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-29 @ 09:15:00 (4 months ago)

News Timezone: GMT -5:00

Ranking: #1218 (out of 4681 stories this day)

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Language: English

Article Length: 17 words

Reading Time: 1 minutes read

Sentences: 24 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Forbes

News ID: 620950

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